Quarterly Marketplace Report
North Curl Curl Properties Sold 1st January – 31st March 2016
How’s the market? The growth keeps coming! What can we expect through Autumn? Sydney-wide, 648 homes went to auction with a 70% clearance rate. As a contrast to the same weekend last year, 427 homes went to auction with nearly 85% sold. Auction activity in Sydney will continue to rise through to the Queen’s Birthday holiday break in June, which will signal the beginning of the quieter winter auction market.
The growth keeps trickling along. Over March we saw an increase of 1% in our home prices, putting us at 7.4% for yearly growth. This is still quite high, but when compared to the 10-15% growth spurts we were having last year it does not seem so. This is a natural movement of the property cycle as we peak at 12 o’clock and draw to a close on the current growth phase. Buyer activity is still strong in the Northern Beaches however, with an auction clearance rate of over 78% last weekend.
There are just over 20,000 properties currently for sale in Sydney, 11% more than this time in 2015. The increased supply is a factor in the slowing growth in the market. What is interesting to note is interstate migration. NSW lost 95,000 people to interstate migration in 2015, whilst Melbourne gained a further 95,000. Melbourne has overtaken Sydney as Australia’s fastest growing city, and if it keeps this up it shall be our country’s largest city by 2056. As we transition from nuts back to normal, much of the volatility has gone in the market. Now is an optimal time to plan for the next 6-18 months. What are your plans? Is it time to get an update on the value of your home to see where you are placed?
1st Quarter 2016 Statistics: North Curl Curl
Residential properties sold
Properties for sale today
14
Â
7 Â
Highest Sale Price
$4.05m
Median Sale Price
$1.957m
Number of properties sold so far in North Curl Curl in 2016
14
Number of properties sold compared to this time last year & last quarter
Number of properties sold
18 16
Jan-‐Mar 2015
Oct-‐Dec 2015 Jan-‐Mar 2016
14 12 10 8 6 4 2 0
What’s the most common price bracket in North Curl Curl?
$2mil+
$500,000-‐ $750,000 $1mil-‐$1.5mil
$1.5mil-‐$2mil
Properties Sold 1st Quarter 2016 17/103 Pitt Road 2 bed 1 bath
1
car
-
$685,000 234m2
$1,325,000 1
car
677m2
597m2
217 Headland Road 5 bed 3 bath 1 car
727m2
37 Headland Road 4 bed 2 bath 1 car
455m2
4
car
137 Headland Road 4 bed 3 bath 1 car
568m2
$1,840,000
$1,800,000 575m2
$1,955,000
79 Griffin Road 4 bed 3 bath
2
car
405m2
2
car
677m2
33 Robertson Road 4 bed 3 bath 6 car
658m2
$2,220,000
113 Headland Road 4 bed 4 bath 2 car
538m2
$2,250,000
$2,795,000
-
$1,750,000
16 Headland Road 3 bed 1 bath 1 car
31 Pitt Road 4 bed 3 bath
car
$1,630,000
$1,705,000
18 Fairport Street 4 bed 1 bath
1
$710,000
126A Abbott Road 3 bed 2 bath 1 car 42 Abbott Road 5 bed 2 bath
15/103 Pitt Road 2 bed 1 bath
12 Fairport Street 4 bed 4 bath
$2,260,000 2
car
478m2
$4,050,000
Information about this report: This report only shows 3 months of sold properties and data. This report is based on third party data, which is provided by RP Data. Whilst care has been taken in the preparation of this report, neither the author nor the real estate agent takes any responsibility for any incorrect, misleading or inaccurate data. Please disregard this publication if your property is exclusively listed with another agent. Houses displayed are only houses which have sold in the quarter and were publicly listed.
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It’s my expectation that every property owner who reads this will certainly be in a better position to make an informed decision before they place their property on the market. In it, Peter makes no apologies for the criticism leveled at various ‘old school’ real estate agents’ practices, which, surprisingly I see some agents still persist in doing (maybe out of habit). The property-selling-success-strategies Peter Hutton recommends have been refined over the years and thoroughly tested (by many agents including myself). Fact is, they work. It is my hope that this little book will save the reader, you, thousands of dollars (and even make you money) wherever and whoever you are selling with provided Peter’s advice is followed. Enquire with me today to get your free copy, no strings attached. To your property selling success. Tony Quattroville
Why Tony Quattroville?
Tony Quattroville is an accomplished businessman and real estate agent who offers clients a unique understanding and passion for the Northern Beaches real estate market. A first-rate negotiator with a reputation for achieving results above expectation, Tony Quattroville has more than 30 years of local real estate experience and intimate market knowledge to his name. After successfully completing his studies at St Pauls College, Manly he commenced his career in real estate in 1985, selling his first listing when he was just 18 years young. Since that time he has sold more than 1000 properties on the Northern Beaches, some up to 4 times round. Tony is highly respected for his exceptional results, honesty and professional service. Tony is now ranked in the top 3% of best performing agents in the country.
A consummate professional known for his up-front and direct approach, Tony has a natural way of making people feel comfortable and educated in their decisions. He prides himself on his commitment to customising and assertively executing the best possible transaction on his clients’ behalf. Tony’s deep-seated sense of reliability has resulted in an extensive client base. His inbuilt understanding of differing needs and ability to match people with property has resulted in ongoing repeat & referral business. He uses his creative talents to find solutions that make sure his deals succeed.
TESTIMONIALS: Please feel free to call Patrick and Susan (recent vendors) who’ll be happy to have a chat with you about the brilliant result Tony was able to achieve for the sale of their homes. Call Patrick Feltham on 0459 516 735 and Suzie Patterson on 0450165 775.
About us ONEAGENCY is a network of the industry's top real estate professionals- individuals who have excelled in their field & have earned the respected reputation required to successfully operate their very own real estate practice. The ONEAGENCY ethos is all about ONE on ONE personal service. After 30 years of successfully selling real estate on the Northern Beaches & with over 1000 sales personally to his name, highly regarded real estate identity Tony Quattroville, has proven over the years that when it comes to selling or leasing a property most owners will choose an experienced individual over a large organisation, and personal service counts for way more than the size of your shopfront.
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Simon Smith
Head of Marketing
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Business Development Manager
Office
02 9905 3883
Mobile 0418 479 738 Email
tonyq@oneagency.com.au
Web
tonyquattroville.com.au